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6156 Us-98
Hattiesburg, MS 39402
Lake Forgetful Shopping Center · Retail Property For Sale
Investment Highlights
- 100% leased stabilized retail strip center on strong corridor in Hattiesburg in close proximity to University of Southern Mississippi (11,400+ student
- ?Proximity to top-performing Walmart (top 97 percentile) and Target (top 86 percentile)
- ?Significant Capex put into property within last year: New parking lot, new paint job, and roof maintenance
- Streetfront retail with excellent visibility on US-98 with 52,388 VPD
- Many long-term tenants with 8.5+ years of average occupancy in their spaces
- Strong mix of national and regional tenants: Sleep Number, Chico’s, Talbots, among others
Property Facts
Property Type
Retail
Building Size
23,520 SF
Building Class
C
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
3.00 AC
Zoning
C - Commercial
Parking
120 Spaces (5.1 Spaces per 1,000 SF Leased)
Frontage
187’ on Hwy 98
Amenities
- Pylon Sign
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 052R-10-031.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $542,309 |
Property Taxes
Parcel Number
052R-10-031.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$542,309
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